…says ready to partner with private interests

The National Inland Waterways Authority (NIWA) has commenced the process of reviving the Oguta River Port in Imo State.

Bola Oyebamiji, Managing Director of the National Inland Waterways Authority, disclosed this in a meeting with the Technical Team of the Orashi Special Energy Free Trade Zone, led by its Managing Director, Chioma Nwachuku, at its Liaison Office in Abuja.

Read also: NIWA pledges to enhance safety on waterways

Speaking during the meeting, Oyebamiji disclosed that the Oguta River Port is central to the development of the South East region and the Renewed Hope Agenda of the administration of President Bola Ahmed Tinubu, through the Federal Ministry of Marine Economy.

According to the MD, NIWA is open to a public-private partnership for the quick revitalisation of the port facility.

Read also: NIWA highlights impacts of new tax law on women, communities

At the meeting, Chioma Nwachuku, Managing Director of Orashi Special Energy Free Trade Zone, expressed the readiness of her company to work with the Authority in actualising the potential of the port facility to attract investments and promote industrial activities, and generate employment opportunities.

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

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